ATMASTCO Ltd– Company Report
1. Company Overview
ATMASTCO is a specialized company engaged in the design, manufacturing, and supply of precision equipment and heavy fabrication structures for various industrial applications. With a legacy dating back to 1990, the company operates as a comprehensive turnkey solutions provider, managing projects from inception to successful realization. ATMASTCO prides itself on its commitment to quality, safety, and innovation, aiming to meet and exceed industry standards.
The company's core competencies span engineering excellence, meticulous erection services, precise structural assembly, and efficient equipment supply and commissioning. They emphasize being a trusted partner dedicated to transforming clients' visions into reality.
Key Highlights:
- Established: Since 1990 (Celebrating 30+ years of quality production)
- Headquarters: Village Birebhat, Chhattisgarh, India
- Production Capacity: 1,200+ MT per month
- Finished Orders: 1,000+ across the country
- Total Employees: 200–500 employees
- Land Area: 10+ Acres with 6 Bays for Steel Fabrication
- Clients: TVedanta, Jindal Stainless, Adani Kutch Copper, Tata Steel
2. Products and Production Capabilities
ATMASTCO specializes in steel manufacturing and heavy fabrication, providing quality craftsmanship and innovative solutions for commercial, residential, and industrial buildings. Their capabilities encompass the entire project lifecycle, from design to commissioning.
Core Offerings:
Design and Engineering:
- Conceptualization, planning, and blueprint development
- Collaboration with architects, engineers, and project managers
- Integration of steel components across infrastructure
Fabrication & Erection:
- Precision crafting and assembly of:
- Ceiling Girders
- Railway Girders
- Columns & Bracings
- Bolted Structures
- Equipment and Pressure Ducts
- Box Columns
- Precision crafting and assembly of:
EPC Projects:
- End-to-end delivery: design, procurement, construction, commissioning
- Focus on optimization, quality, and efficiency
Equipment Supply:
- Delivery of electrical, mechanical, and utility equipment
Trading:
- Supply of alloys, metals, consumables, and tools
Construction Solutions:
- Turnkey construction services from planning to QA and safety
Industries Served:
Power, Steel, Cement, Railways, Water, Refineries, Fertilizers, Infrastructure, Urban Development, Renewable Energy, PEB, and more
Projects Completed:
- Vedanta-FACOR (Odisha): 33 MVA Submerged Arc Furnace, 4100 MT structure
- Vedanta Aluminium (Jharsuguda): GAP-5 (35 TPH) & ARS-3 (40 TPH) units
- Jindal Stainless (Jajpur): Lime kiln EPS project
- Adani Kutch Copper (Gujarat): CCR plant (0.25 MMTPA), full supply & integration
- Tata Steel (Joda): 2 × 18 MVA Submerged Arc Furnaces, 4000 MT structure
3. Recent News and Developments
Expansion into Defence Sector:
ATMASTCO has diversified into defence manufacturing via Atmastco Defence Systems Pvt. Ltd., producing bulletproof jackets, ballistic helmets, and body protectors for female troops. Key milestones:
- Tech licensing from DRDO & DMSRDE (Govt. of India)
- Industrial license secured from DPIIT
- First defence unit in Chhattisgarh, initial capacity: 1 lakh units
- Investment: ~₹87.50 crore
- Target Market: Armed forces, paramilitary units, state police, exports
Major Projects:
- July 3, 2024: Megha Engineering & Infrastructures Ltd: ₹55 crores for the supply and fabrication of a warehouse structure for Indian Oil Corporation Limited (IOCL) Poly Propylene Unit OPU- Gujarat refinery
- February 6, 2025: Company has received a purchase order from Megha Engineering & Infrastructures Ltd. of ₹55.22 crore for supply and fabrication of Structural Steel along with final painting for HPCL Rajasthan Refinery Ltd. - Polypropylene Unit.
- March 17, 2025: Atmastco announced that it has entered into a contractual agreement with Hindustan Zinc for the execution of an engineering project worth ₹128 crore at the Dariba Smelting Complex in Rajsamand, Rajasthan.
- September 10, 2025: The company announced the receipt of two purchase orders from L&T–MHI Power Boilers Pvt. Ltd. for the supply of ceiling girder and interconnecting beam fabrication material for the Gadarwara Unit 3 and 4. The total consideration for this contract is ₹36.97 cror. In addition, the company received a letter of intent for the fabrication and supply of buckstay, valued at ₹18.02 crore.
- October 3, 2025: Atmastco has commenced trial production at its subsidiary Atmastco Defence's new manufacturing facility in Bhilai.
4. Financial Performance (FY2025)
| Metric | FY2025 | FY2024 |
|---|---|---|
| Revenue from Operations | ₹290.28 crore | ₹225.08 crore |
| Net Profit | ₹19.28 crore | ₹16.35 crore |
| Operating Profit Margin | 15% | – |
| Net Profit Margin | 6.65% | – |
| Earnings Per Share (EPS) | ₹7.79 | – |
| Return on Equity (ROE) | 16% | – |
| Dividend | Not declared | – |